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Just listened to one of BP's podcasts and they talked about not co-mingling personal funds with property funds. What's the best way to keep everything organized and separate?Any thoughts would be greatly appreciated.
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I'm trying to use a conventional or fha loan for a flip, but my loan officer says its not a good idea because i have to live in the house for a year or it is considered fraud.. is this true?Also he says there is a pre...
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Hello - my family owns 3 large parcels on Johns Island and Wadmalaw Island in SC. Does anyone have any background info on this area as far as economic outlook etc. One parcel is of Maybank Hwy (N of the post office on...
Here's a little background on me. I am a real estate broker in Central Oregon and have flipped 2 homes in the last 6 years (primary residences). I’ve made good money on both and now am in a position where I have some ...
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Greetings,*disclaimer.. we are Canadian*My wife and I are typically SFD types. Buy Improve Hold Rent types. We've recently been able to realize some capital out of a couple of a couple properties, and are expanding ...
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I’ve set up my own LLC before in Missouri. It takes less than 30 minutes and costs around $55. I once paid a princely amount to attorney to do that for me and it took 3 weeks. I learned my lesson. So...But what about ...
I applied for a cash out refi on a rental I own in Memphis. Broker took my application and other paper work. I wait and wait. Follow up a couple times. Still waiting on lender is the answer I get. Finally, THREE...
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Right now my LLC is located in California. After paying an immense amount in Taxes to California, we are deciding to move it to Nevada.
We have family there, so we feel that it is a great move.
With that said, I und...
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Hello Fellow BP'ers!My wife and I have been negotiating with the owner of an 8-unit multi family and 2 SFH's in Missouri. Asking price for all is $299,900. At the moment, my wife and I are in the midst of closing on...
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View report*This link comes directly from our calculators, based on information input by the member who posted.Price includes real estate and ALF business. Manager in place for 9 years. Current year r...